CHARME DE LUNE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CHARME DE LUNE
Largest movements
- Stocks and contracts -€49,286
down €49,286 (-24.5%), from €200,906 to €151,620
- Tangible fixed assets -€16,460
down €16,460 (-33.9%), from €48,562 to €32,103
of which Land and buildings: -€16,910
- Cash -€13,606
down €13,606 (-46.0%), from €29,547 to €15,941
mainly Debts after one year (-€61,878) and Trade debts (-€14,619)
- Debts after one year -€61,878
down €61,878 (-28.7%), from €215,507 to €153,629
of which Financial debts: -€31,878
- Trade debts -€14,619
down €14,619 (-75.5%), from €19,371 to €4,753
- Other debts +€12,042
up €12,042 (+161%), from €7,498 to €19,540
- Profit (loss) carried forward -€9,016
down €9,016 (-12.5%), from -€72,057 to -€81,073
- Tax, wage and social debts -€8,311
down €8,311 (-72.2%), from €11,510 to €3,199
of which Remuneration and social security: -€5,190
- Gross operating margin -€30,340
down €30,340 (-40.8%), from €74,309 to €43,969
- Staff costs -€10,984
down €10,984 (-32.8%), from €33,539 to €22,555
- Financial charges -€4,639
down €4,639 (-32.9%), from €14,099 to €9,460
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €280,358 | €200,527 | -€79,831 | -28.5% |
| Fixed assets | 21/28 | €48,562 | €32,103 | -€16,460 | -33.9% |
| Tangible fixed assets | 22/27 | €48,562 | €32,103 | -€16,460 | -33.9% |
| Land and buildings | 22 | €47,913 | €31,002 | -€16,910 | -35.3% |
| Plant, machinery and equipment | 23 | €650 | €541 | -€108 | -16.7% |
| Furniture and vehicles | 24 | - | €559 | +€559 | |
| Current assets | 29/58 | €231,795 | €168,424 | -€63,371 | -27.3% |
| Stocks and contracts in progress | 3 | €200,906 | €151,620 | -€49,286 | -24.5% |
| Stocks | 30/36 | €200,906 | €151,620 | -€49,286 | -24.5% |
| Amounts receivable within one year | 40/41 | €546 | €863 | +€317 | +57.9% |
| Trade receivables | 40 | - | €88 | +€88 | |
| Other amounts receivable | 41 | €546 | €775 | +€228 | +41.8% |
| Cash at bank and in hand | 54/58 | €29,547 | €15,941 | -€13,606 | -46.0% |
| Deferred charges and accrued income | 490/1 | €796 | - | -€796 | |
| Total equity and liabilities | 10/49 | €280,358 | €200,527 | -€79,831 | -28.5% |
| Equity | 10/15 | -€53,457 | -€62,473 | -€9,016 | -16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,057 | -€81,073 | -€9,016 | -12.5% |
| Amounts payable | 17/49 | €333,814 | €262,999 | -€70,815 | -21.2% |
| Amounts payable after more than one year | 17 | €215,507 | €153,629 | -€61,878 | -28.7% |
| Financial debts | 170/4 | €86,649 | €54,771 | -€31,878 | -36.8% |
| Other amounts payable | 178/9 | €128,858 | €98,858 | -€30,000 | -23.3% |
| Amounts payable within one year | 42/48 | €118,308 | €109,370 | -€8,937 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €29,928 | €31,878 | +€1,950 | +6.5% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €19,371 | €4,753 | -€14,619 | -75.5% |
| Suppliers | 440/4 | €19,371 | €4,753 | -€14,619 | -75.5% |
| Taxes, remuneration and social security | 45 | €11,510 | €3,199 | -€8,311 | -72.2% |
| Taxes | 450/3 | €6,321 | €3,199 | -€3,121 | -49.4% |
| Remuneration and social security | 454/9 | €5,190 | - | -€5,190 | |
| Other amounts payable | 47/48 | €7,498 | €19,540 | +€12,042 | +161% |
| Remuneration, social security and pensions | 62 | €33,539 | €22,555 | -€10,984 | -32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,019 | €17,182 | +€164 | +1.0% |
| Other operating charges | 640/8 | €3,569 | €3,788 | +€219 | +6.1% |
| Gross operating margin | 9900 | €74,309 | €43,969 | -€30,340 | -40.8% |
| Operating profit (loss) | 9901 | €20,182 | €444 | -€19,739 | -97.8% |
| Financial charges | 65/66B | €14,099 | €9,460 | -€4,639 | -32.9% |
| Recurring financial charges | 65 | €14,099 | €9,460 | -€4,639 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | €6,083 | -€9,016 | -€15,099 | |
| Profit (loss) for the period | 9904 | €6,083 | -€9,016 | -€15,099 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,083 | -€9,016 | -€15,099 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.